Three new casinos in the state are about to have their grand openings. One is
scheduled to open in two weeks. The others will open next month.

The Fortune Valley Hotel and Casino will celebrate its grand opening July 1st.
The property has been renovated. It will be 300,000 square feet and operate 20
table games, around 800 slot machines, and a party pit. There will be an Italian
restaurant that will feature a wine display of 500 bottles. Guests can also
enjoy a Vegas style nightclub.

It will feature a 65 foot long guitar shaped bar. It will be the largest of its
kind in the world. The name has not been released. However it was announced that
the bar will have a theme of music and that a music celebrity will autograph the
bar at the grand opening.

The hotel section will offer 118 guest rooms and suites. The suites will each be
decorated around a music style or celebrity.

Big Jim's Gambling Hall and Saloon is due to open in Cripple Creek. It is
tentative to be open for the 4th of July weekend. However, the exact opening
date has not been confirmed. It will be located at the previous Imperial Hotel
and Casino. The new gaming facility will offer guests 4 table games and 200 slot
machines.

In Black Hawk, Sasquatch Casino is preparing to open. It will be located in the
previous Bullwhackers Casino. The new casino will operate 74 slot machines.

On Thursday, the state's Limited Gaming Control Commission will be reviewing the
applications for retail licenses for both Big Jim's, and Sasquatch Casino

Due to the economic down turn the Gaming Commission had agreed to a tax cut of 5
percent for the gaming industry. They also agreed to the tax cut based on higher
gas prices and a smoking ban that also may have affected visitors from visiting
the casinos.

The new tax rate will take place on July 1st. However an appeal is being
considered by Gov. John Hickenlooper.

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